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The Biomass Thermal Utilization Act Provides 30% Tax Credit on High-Efficiency Wood Boilers

buy watson soma Imagine someone handing you a $3,000 check. And this is after saving over 70% on your heating bill by using a high-efficiency biomass heating system. That’s a pretty sweet deal. This image is one step closer to reality with the introduction of the Biomass Thermal Utilization Act of 2013.

The proposed BTU Act would amend the federal tax code to drive the use of biomass energy as it already does for other forms of renewable energy like solar and wind. Currently, these other technologies qualify for investment tax credits for costs associated with residential and commercial installations. The legislation would give the same incentives for the purchase of thermal biomass (e.g. wood boilers and pellet boilers) systems.

To qualify for the 30% tax credit, residential appliances need to have a thermal efficiency of 75% (using higher heating value, HHV). For commercial applications, the criteria are broken into two tiers – for a 15% credit, equipment must have efficiency greater than 65% and less than 80%; for the 30% credit, the system must have an efficiency greater than or equal to 80% HHV.

While there is a long road ahead, there is a very simple step you can take to help http___www.bigleaguekickball.com_about_ Order Soma no script next day delivery approve the BTU Act of 2013. At this time, the best thing you can do is to contact your state’s buy cheap soma without prescription Senators and Representatives to and urge them to support the bill as it progresses in the Senate and the House.

For more information visit our friends over at BTEC.

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